FOR IMMEDIATE RELEASE
Tuesday, June 10, 2014
Scott Greer, Finance
Neal Dixon, Tax Collector’s Office
City Council Adopts Ordinance for the Business Privilege License Tax
Charlotte, N.C. – At their June 9 business meeting, City Council adopted an ordinance amending the City Code to conform to recent legislative changes to the City’s Business Privilege Tax. The amendment moves the due date for the privilege license tax from July 1, 2014 to July 31, 2014.
On May 29, 2014, the NC General Assembly passed and the Governor signed into law a bill that re-authorized cities to levy privilege license taxes, which was inadvertently repealed in 2013. The bill limits the re-authorized tax to the upcoming fiscal year only, which starts July 1, 2014, and its application only to businesses that are physically located in the City. Governor McCrory and members of the NC General Assembly have expressed their commitment to working with North Carolina local governments to identify an alternative funding solution. The tax generates approximately $18 million in revenue for the City of Charlotte.
Due to these recent changes, the County Tax Collector did not send renewal applications in mid-May for 2014-2015 taxes. Now that the authority has been re-authorized, the Tax Collector will mail renewals to businesses subject to the tax by June 30. The due date has been moved to July 31, 2014 to give businesses time to pay the tax. Taxes paid on or after August 1, 2014 will be subject to additional taxes for late payment. Some businesses may be subject to both a City and County tax.
For more information:
- Dial 311 if calling within Mecklenburg County and 704-336-7600 if calling outside Mecklenburg County.
- File and Pay your business taxes online at http://paytax.charmeck.org
- E-mail inquiries to: TaxBusiness@MecklenburgCountyNC.gov
- Visit the Business Tax Collections Office, Hal Marshall Services Center, 700 North Tryon Street, Charlotte, from 8 a.m. – 5 p.m.